Fund Evaluator:
Lord Abbett Fundamental Equity A (LDFVX)
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Fund Details
Lord Abbett Fundamental Equity A Overview
Lord Abbett Fundamental Equity A (LDFVX) is an actively managed U.S. Equity Large Value fund. Lord Abbett launched the fund in 1996.
The investment seeks long-term growth of capital and income without excessive fluctuations in market value. The fund invests in equity securities of U.S. and multinational companies across all market capitalization ranges that the portfolio management team believes are undervalued by the market and are selling at reasonable prices in relation to the portfolio management team's assessment of their potential or intrinsic value. Under normal conditions, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities.
About Lord Abbett Fundamental Equity A (LDFVX)
There are 2 members of the management team with an average tenure of 5.15 years: Darnell Azeez (2022), John Hardy (2020). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and Russell 3000 Value TR USD index with a weighting of 100%. Lord Abbett Fundamental Equity A has 54 securities in its portfolio. The top 10 holdings constitute 29.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Lord Abbett Fundamental Equity A is part of the Equity global asset class and is within the U.S. Equity fund group. Lord Abbett Fundamental Equity A has 12.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 87.3%. There is 12.7% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Lord Abbett Fundamental Equity A has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $1 billion in total assets, which is below the $1 billion average for the Large Value category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
LDFVX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Lord Abbett Fundamental Equity A expense ratio is high compared to funds in the Large Value category. Lord Abbett Fundamental Equity A has an expense ratio of 0.93%, which is 1% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Lord Abbett Fundamental Equity A has a portfolio turnover rate of 42%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Large Value category.
Recently, in the month of July 2026, Lord Abbett Fundamental Equity A returned 2.1%, which earned it a grade of D, as the Large Value category had an average return of 2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Lord Abbett Fundamental Equity A has a trailing yield of 0.47%, which is below the 1.20% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Lord Abbett Fundamental Equity A Grades
Year to date, the fund has returned 8.3%, 6.0 percentage points worse than the category, which translates into a grade of F. The fund has returned 18.7% over the past year (grade of D), 16.4% over the past three years (grade of B) and 11.5% per year over the past five years (grade of B) and 11.0% per year over the past 10 years (grade of D).
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LDFVX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| LDFVX Return (NAV) | 2.1% | 2.8% | 18.7% | 16.4% | 11.5% | 11.0% |
| LDFVX Grade | D | F | D | B | B | D |
| +/- Category | -0.8% | -3.4% | -5.1% | 0.8% | 0.6% | -0.3% |
| Large Value Avg | 2.9% | 6.2% | 23.8% | 15.7% | 10.9% | 11.3% |
| LDFVX Tax Cost Ratio | na | na | 1.8% | 1.2% | 1.5% | 1.8% |
LDFVX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| LDFVX Return (NAV) | 8.3% | 17.2% | 20.6% | 13.1% | -9.5% | 29.0% | 2.6% | 22.8% | -8.4% | 13.0% | 15.7% |
| LDFVX Grade | F | B | A | B | D | A | C | F | C | F | B |
| +/- Category | -6.0% | 2.0% | 6.5% | 1.3% | -3.4% | 3.2% | -1.2% | -2.9% | 0.0% | -3.5% | 1.2% |
| Large Value Avg | 14.3% | 15.2% | 14.1% | 11.8% | -6.0% | 25.8% | 3.8% | 25.6% | -8.5% | 16.4% | 14.6% |
| Risk Measures | |
| Standard Deviation: | 12.1% |
| Total Risk Index: | 0.99 - Average |
| Category Risk Index: | 1.00 - Average |
| Category Risk Grade: | C (55% Rank) |
| Beta: | 0.76 |
| R-Squared: | 68% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 0.5% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $2207 Mil |
| Fund Total Assets: | $1,385 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 42% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 5.9 years | |||
| Average Tenure: 5.2 years | |||
| Managers (Year): Hardy John (2020), Azeez Darnell (2022) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 54 |
| % in Top 10 Holdings: | 29.3% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 12.7% |
Portfolio Allocation |
|
| Domestic Stock: | 87.3% |
| Foreign Stock: | 12.7% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.0% |
Purchase Information
| Fund Family: | Lord Abbett |
| Phone Number: | 888-522-2388 |
| Website: | www.lordabbett.com |
| Status: | Open |
| Inception Date: | July 15, 1996 |
| Min. Initial Purchase: | $1,500 |
| Min. Initial IRA Purchase: | $1,500 |
| True No-Load: | No |
| Front Load Maximum: | 5.75% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 0.93% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.93% |
| Share Class: | Lord Abbett Fundamental Equity C |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
